St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-05
BIG BUILDING BOOM
Striking in at the Very Close Of the
Season.
A MILLION : DOLLAR HON
For the Equitable Life--The New Towne
BIock--Various Projected
Il Structures.

There has been more talk in the past
month of costly and elegant blocks in
Minneapolis than has been crowded to-
gether in the same space for the past
three years. Some of this is visionary,
but there is enough foundation for the
rest to be of surprising interest. About
the biggest scheme is that of the New
York Equitable Life Insurance COM
pany, which has been quietly looking
for an eligible corner for many
days on which to erect what will
be-. it is said. the finest build
ing in the Northwest. Business
corners in Minneapolis are scarcely to
be had, even at fabulous figures, but the
company has now probably got what it
wants. Three or four days ago repre-
sentative of the company approached
Thomas d. Skies and demanded his
and Fifth street, diagonally opposite the
Syndicate block. Mr.. Skies owns no
feet ON NicOllet. with an equal depth on
Fifth, and put his lowest figure
at S235. 900. This was demurred to. but
Mr.. Skies was firm and the agent OBJ
tanned the refusal of the piece until
Saturday. He has laid the data before
the company in New York and the
deal will be closed to-day, one way or
the other. 1t is said to be the intention
of the company to erect building
which, with the land, will round out
clean million dollars.
Another large building certain to 90
up as soon as possible is the block II.
A. TOwne will erect on the corner of
! First avenue south and Third street,
dagOnally opposite the new pOstotfice.
w. III. Dennis has been quietly working
Oh the plans and now announces their
| completion. The block will be eight
| stories and will cost S250,000. The two
| lower floors will be of red granite, with
| polished columns and corner piers, to
| be finished above with stone and Orna-
mented brick, in fine style.
1t is known that a prominent archi-
tect is now at work on plans for a build
| ing said to have thirteen stories in con-
temptation. There is some foundation
| for it, but the facts cannot be definitely
known until to-day, and the SUNDAY
| GLOBE will announce all there is in it.
| The finest residence now in process of
construction about the city is that fer
| +. w. Forman, Oh Park avenue. The
| building will be of Kettle river stone,
| three stories in height and about eighty
| feet square, in size. The cost will run
| to $4,000 and Architect Dennis says it
| will be one of the most elegant homes
| in the state.
Fourth street seems the coming trans
verse thOrOughfare of the city, and will
be, for some time to come, the south
| western limit Of successful Office block
ventures. The new city and county
building will give it great lead. The
eight-stOry GLOBE building and the
Bank of Commerce already have their
foundations well along. The Johnson
building has completed its fifth floor
and new block is planned for the Dean
cofner on Second avenue.
F. A. Peterson, the carpet man, will
erect five-story block at the corner of
Sixth street and First avenue south.
JepsOn Bros. furnish the plans. The
carpet dealers are rapidly mobilizing at
this point.
The proposed Masonic temple is at
dead standstill, and unless the pro-
jectors go outside of the order it is
doubtful whether the building will ever
go to a finish.